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The NationalInsuranceCommission recently announced a new capital regime for operators of insurance sector. Ebere Nwoji in this report looks at the likely impact on the industry

Eleven years after the recapitalisation exercise that nearly tore the insurance industry and climaxed in removal and jailing of the former

"I am confident that it is an initiative with potential upside for the industry to grow and take its rightful position as a formidable contributor to our national economic activities, growth and development as it is in developed economies."

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Insurance regulator, the National Insurance Commission (NAICOM) has introduced new capital requirements for underwriting companies in Nigeria. The new capital requirement classified in three tier levels, which will commence 1st January 2019, is to compliment the industry risk based supervision framework started in 2009, targeted at making the insurance industry optmise its...

Local and foreign investors looking for opportunity to come into the Nigerian insurance industry, now have a window with the introduction of new Tier-Based Minimum Solvency Capital, announced Wednesday by the National Insurance Commission (NAICOM). The new capital requirement, which will commence 1st January 2018, will require insurance companies willing to play big in the...

Ebere Nwoji The board of Staco Assurance Plc has assured investors, members of the insuring public and other stakeholders in the company that their investments are safe and intact, despite the recent change in the leadership of the company. The company also assured that the board had taken bold steps in laying down proper corporate governance procedures in line with global best...

Thursday 9 August 2018 Back to Insurance Committee publications Nobert Musa Phiri* Muvingi and Mugadza, Harare Insurance improves the sustainability of an economy and leads to greater rates of growth. Insurance de-risks governments, business and communities. It takes the financial burden of recovery off the taxpayer and boosts economic growth. One way for low-income earners to...

Head of Finance Department, University of Cape Coast, Professor John Gatsi, has said the Bank of Ghana (BoG) failed to undertake broader stakeholder consultations before starting the indigenous banks’ recapitalisation exercise. He said the central bank should have engaged in a transparent and active debate involving bankers, policy-makers, politicians and other key stakeholders...

Insurance Explained - How Do Insurance Companies Make Money and How Do They Work

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How do insurance companies actually work and how do they make money?
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Insurance Explained - How Do Insurance Companies Make Money and How Do They Work

published:21 May 2018

views:338830

The first 1,000 people to sign up to Skillshare will get their first 2 months for free: https://skl.sh/infographics9
How do insurance companies actually work and how do they make money?
SUBSCRIBE TO US -► http://bit.ly/TheInfographicsShow
--------------------------------------------------------------------------
WEBSITE (SUGGEST A TOPIC):
http://theinfographicsshow.com
SUPPORT US:
Patreon.......► https://www.patreon.com/theinfographicsshow
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SOCIAL:
Twitter........► https://twitter.com/TheInfoShow
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Some Images used under license from Shutterstock.com...

Insurance awareness among people is very important.Gone are the days when it was less needed.In this video, you will get to know the basic information of insurance.
इंश्योरस की बुनियादी जानकारी -
बीमा क्या है-
विभिन्न प्रकार के बीमा-
सरल उदाहरण-
Life Insurance (जीवन बीमा)
Health Insurance (स्वास्थ्य बीमा)
General Insurance(जनरल बीमा)...

Insurance awareness among people is very important.Gone are the days when it was less needed.In this video, you will get to know the basic information of insurance.
इंश्योरस की बुनियादी जानकारी -
बीमा क्या है-
विभिन्न प्रकार के बीमा-
सरल उदाहरण-
Life Insurance (जीवन बीमा)
Health Insurance (स्वास्थ्य बीमा)
General Insurance(जनरल बीमा)...

How many types of insurance in India | By Ishan [Hindi]

How many types of insurance in India | By Ishan [Hindi]

How many types of insurance in India | By Ishan [Hindi]
Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
What is an insurance coverage?: Insurance coverage is the amount of risk or liability that is covered for an individual or entity by way of insurance services. Insurance coverage, such as auto insurance, life insurance – or more exotic forms, such as hole-in-one insurance – is issued by an insurer in the event of unforeseen occurrences.
What is in an insurance policy?: In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the insured, known as the policyholder, which determines the claims which the insurer is legally required to pay.
What does an insurance company do?: Insurance companies basically do three things with the premium dollar. First, they pool the money to pay claims. Second, insurance companies pay for expenses involved in selling and providing insurance protection. ... Earnings from investments help keep down the cost of insurance to policyholders.
What type of car insurance covers your car if it is stolen?: Most comprehensive coverage policies will cover you if your car is stolen. These types of policies usually protect you and your car against problems not caused by collisions, such as theft, vandalism, and breakdowns. Be sure you know what your car insurance policy covers before something like this happens.
Disclaimer- Some contents are used for educational purpose under fair use. C...

How many types of insurance in India | By Ishan [Hindi]

published:29 Mar 2018

views:29638

How many types of insurance in India | By Ishan [Hindi]
Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
What is an insurance coverage?: Insurance coverage is the amount of risk or liability that is covered for an individual or entity by way of insurance services. Insurance coverage, such as auto insurance, life insurance – or more exotic forms, such as hole-in-one insurance – is issued by an insurer in the event of unforeseen occurrences.
What is in an insurance policy?: In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the insured, known as the policyholder, which determines the claims which the insurer is legally required to pay.
What does an insurance company do?: Insurance companies basically do three things with the premium dollar. First, they pool the money to pay claims. Second, insurance companies pay for expenses involved in selling and providing insurance protection. ... Earnings from investments help keep down the cost of insurance to policyholders.
What type of car insurance covers your car if it is stolen?: Most comprehensive coverage policies will cover you if your car is stolen. These types of policies usually protect you and your car against problems not caused by collisions, such as theft, vandalism, and breakdowns. Be sure you know what your car insurance policy covers before something like this happens.
Disclaimer- Some contents are used for educational purpose under fair use. C...

Types Of Life Insurance Explained

Types Of Life Insurance Explained

There are many different kinds of life insurance. Term Life, Whole Life, and Universal Life are just three of the most basic kinds. Here, life insurance expert and AccuQuote founder and CEO Byron Udell breaks down the main three different types of life insurance and explains what they are all about.
This video is a must watch if anyone is thinking about buying life insurance for the first time, or for those wishing to convert their current policy to a permanent plan. Let AccuQuote help you learn more about this important product, so you can make a more educated decision..
Ready to get a quote or just have questions? Give us a call at 1-877-794-9817, or head over to https://www.accuquote.com/get-a-quote/
Hi. I’m Byron Udell, Founder and CEO of AccuQuote.
Since 1986, we’ve helped millions of people save money on their life insurance.
When you boil it down, there are really only two kinds of life insurance: “Temporary” coverage, which is called “Term Insurance”…and “Permanent Insurance.”
Both Term and Permanent life insurance come in various shapes and flavors to satisfy different needs.
Permanent insurance is designed to provide coverage for as long as you live. If your needs are long-term, like estate planning or final expenses, or if you just want to leave a bigger legacy, no matter when you die, permanent life insurance is probably the way to go.
There are lots of different kinds of permanent insurance, but the two primary categories are…whole life and universal life. And I’ll come back to these in a minute.
Term life insurance is, by definition, “temporar...

Types Of Life Insurance Explained

published:21 Jan 2016

views:180030

There are many different kinds of life insurance. Term Life, Whole Life, and Universal Life are just three of the most basic kinds. Here, life insurance expert and AccuQuote founder and CEO Byron Udell breaks down the main three different types of life insurance and explains what they are all about.
This video is a must watch if anyone is thinking about buying life insurance for the first time, or for those wishing to convert their current policy to a permanent plan. Let AccuQuote help you learn more about this important product, so you can make a more educated decision..
Ready to get a quote or just have questions? Give us a call at 1-877-794-9817, or head over to https://www.accuquote.com/get-a-quote/
Hi. I’m Byron Udell, Founder and CEO of AccuQuote.
Since 1986, we’ve helped millions of people save money on their life insurance.
When you boil it down, there are really only two kinds of life insurance: “Temporary” coverage, which is called “Term Insurance”…and “Permanent Insurance.”
Both Term and Permanent life insurance come in various shapes and flavors to satisfy different needs.
Permanent insurance is designed to provide coverage for as long as you live. If your needs are long-term, like estate planning or final expenses, or if you just want to leave a bigger legacy, no matter when you die, permanent life insurance is probably the way to go.
There are lots of different kinds of permanent insurance, but the two primary categories are…whole life and universal life. And I’ll come back to these in a minute.
Term life insurance is, by definition, “temporar...

Insurance Scams Fail Compilation || MonthlyFails 2017

Insurance Scams Fail Compilation || MonthlyFails 2017

Failed insurance scam attempts! Fail compilation of scammers and fraudsters who\'s plans gone wrong. Caught on dash cams, cctv cameras,.. it was game over before they knew it! Stay tuned for more fails, wins and wtf\'s. Cheers!
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Insurance Scams Fail Compilation || MonthlyFails 2017

published:13 Aug 2017

views:3572942

Failed insurance scam attempts! Fail compilation of scammers and fraudsters who\'s plans gone wrong. Caught on dash cams, cctv cameras,.. it was game over before they knew it! Stay tuned for more fails, wins and wtf\'s. Cheers!
SUBSCRIBE here for more videos ► http://www.youtube.com/user/monthlyfails?sub_confirmation=1
Like our FaceBook ► https://www.facebook.com/MonthlyFails/
Follow us on Twitter ► https://twitter.com/monthly_fails
Have a fail video, funny prank, wtf clip or an awesome win caught on tape? Submit it by clicking on the link bellow and check back to see if it made it into the MF compilations:
► http://www.youtube.com/user/MonthlyFails/about
Special thanks to all who submitted videos!
Watch next ► https://goo.gl/8ysOS6...

The first 1,000 people to sign up to Skillshare will get their first 2 months for free: https://skl.sh/infographics9
How do insurance companies actually work and how do they make money?
SUBSCRIBE TO US -► http://bit.ly/TheInfographicsShow
----------------------------------------------------------

Insurance awareness among people is very important.Gone are the days when it was less needed.In this video, you will get to know the basic information of insurance.
इंश्योरस की बुनियादी जानकारी -
बीमा क्या है-
विभिन्न प्रकार के बीमा-
सरल उदाहरण-
Life Insurance (जीवन बीमा)
Health Insurance (स्वास्थ

How many types of insurance in India | By Ishan [Hindi]
Insurance is a means of protection from financial loss. It is a form of risk management primarily used to hedge against the risk of a contingent, uncertain loss.
What is an insurance coverage?: Insurance coverage is the amount of risk or liab

There are many different kinds of life insurance. Term Life, Whole Life, and Universal Life are just three of the most basic kinds. Here, life insurance expert and AccuQuote founder and CEO Byron Udell breaks down the main three different types of life insurance and explains what they are all about